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SBI tags Mallya, his 2 firms as wilful defaulters

Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines After a protracted legal battle, State Bank of India (SBI) has declared industrialist Vijay Mallya a 'wilful......

After SBI, ICICI Bank also increases spreads on home loans

After its larger rival State Bank of India, country's largest private sector lender ICICI Bank has also increased its spreads on home loan rates and not passed on entire benefit of base rate cuts......

'Profit of Sensex firms likely to fall 3.7% in Q2'

Among Sensex companies, banks like HDFC Bank, SBI, Axis Bank are expected to lead the earnings growth. Mirroring previous three quarters, capital markets is likely to see tepid earnings for the......

SBI cuts home loan rates only by 15-20 bps

Its base rate cut was 40 bps; hints at further easing based on competition Country's largest lender State Bank of India has cut lending rate for for new home loans by 15-20 basis points while it......

Loans from SBI, ICICI Bank to be cheaper

Within couple of hours of rate cut by the Reserve Bank, country's largest lender SBI slashed its lending rate by 0.40 per cent, while the largest private sector lender ICICI Bank hinted at cutting......
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A low-risk path to save tax

With a penchant for investing in large-cap stocks and a good track record across market cycles, Franklin India Taxshield is a good option among... ...
Reserve Bank of India to unveil next monetary policy review on December 1

28 November 2015, Mumbai, PTI Reserve Bank on Friday said it will announce its fifth bimonthly monetary policy review on December 1. The... ...
SBI to float arm to manage realty properties, those taken on lease

28 November 2015, Kolkata, PTI State Bank of India (SBI) is finalising plans to set up a subsidiary for managing its large portfolio of... ...
7th Pay Commission to weigh on RBI policy? Experts discuss

According to a CNBC-TV18 poll, the key repo rate, cash reserve ratio (CRR) and statutory liquidity ratio (SLR) rates will remain unchanged in this... ...
Yes Bank sells Mallya's pledged shares in UB

Yes Bank Ltd has sold 3.02% of pledged shares of Vijay Mallya in United Breweries Ltd that is valued at Rs 770 crore as banks tighten their hold on... ...

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